A Woman-Owned Business Enterprise (WBE) Certification is a designation used by US industry and government association to set aside special programs to encourage and empower women in business in America. This is only available to businesses in which majority interest is owned by women who are active in the day-to-day operations. Many federal, state, and local governments allocate money to these programs, so check with your state and local government.
If your company is actively managed by a woman with more than 51% ownership, you may also be able to obtain certification through the Women’s Business Enterprise National Council (WBENC). They advocate for women and provide a certification for them to use. Many federal programs accept a WBENC certification as proof of ability to get US Government contracts. The cost of certification ranges from $350 for companies with under $1 million in revenue and caps out at $1,250.
Women’s Presidents Organization
Women in business may also benefit from membership in the Women’s Presidents’ Organization (WPO). The WPO’s mission is to “accelerate business growth, enhance competitiveness, and promote economic security to confidential and collaborative peer-learning groups. The WPO shows businesswomen that they are not alone and teaches women how to take their business to the next level.
Also in This Issue
- Inspiring Women in Business
- The Gift of Freedom & Time: How one sale opened the doors to greater family ties and fun new projects
- Post-Sale Prosperity: Angela Ye - Now it's her turn!
- Mission Accomplished: An offer the MJ VanDamme owners could not refuse
- Grit & Grace
- Learning from a Pro: Angeal Boone, C.P.A.
- From Land-Locked Business Owner to Ocean-Based Retiree: The move from Ohio-based owner to Florida-based beach bum
- Real Estate Guru to Health Services Buyer: Adding a new career path while focusing on further growth opportunities
- Silver Linings From COVID-19: Succeeding in a "Corona Economy"